Seven Jewish Americans Control Most US Media
From John Whitley
11-21-3
taken from
http://rense.com/general44/sevenjewishamericans.htm
(and edited by condensing)
"Today, seven
Jewish Americans run the vast majority
of US
television networks, the printed press,
the Hollywood movie industry, the book
publishing industry, and the recording
industry. Most of these industries are
bundled into huge media conglomerates run by
the following seven individuals:
Gerald Levin, CEO and Director of AOL Time
Warner
Michael Eisner, Chairman and CEO of the Walt
Disney Company
Edgar Bronfman, Sr., Chairman of Seagram
Company Ltd
Edgar Bronfman, Jr, President and CEO of
Seagram Company Ltd and head of Universal
Studios
Sumner Redstone, Chairman and CEO of Viacom,
Inc
Dennis Dammerman, Vice Chairman of General
Electric
Peter Chernin, President and Co-COO of News
Corporation Limited
Those seven Jewish men collectively control
ABC, NBC, CBS, the Turner Broadcasting
System, CNN, MTV, Universal Studios, MCA
Records, Geffen Records, DGC Records, GRP
Records, Rising Tide Records, Curb/Universal
Records, and Interscope Records.
Most of the larger independent newspapers
are owned by
Jewish interests as well. An example is
media mogul is Samuel I. "Si" Newhouse, who
owns two dozen daily newspapers from Staten
Island to Oregon, plus the Sunday supplement
Parade; the Conde Nast collection of
magazines, including Vogue, The New Yorker,
Vanity Fair, Allure, GQ, and Self; the
publishing firms of Random House, Knopf,
Crown, and Ballantine, among other imprints;
and cable franchises with over one million
subscribers."
I could add that Michael Eisner could depart
Disney tomorrow but the company will remain
in the hands of Shamrock Holdings, whose
principal office is now located in Israel".
Bronfman Group Buys Time Warner
Music
NEW YORK (Reuters) - Time Warner Inc. (TWX.N:
Quote, Profile, Research) on Monday said it
would sell its Warner Music business to a
group led by media mogul Edgar Bronfman Jr.
for $2.6 billion, in a move to trim the
media group's debts and signaling a return
of the former Seagram chairman to the music
business.
The Bronfman group beat out a bid by EMI (EMI.L:
Quote, Profile, Research) for the recorded
music portion of the business for an
estimated $1 billion.
By choosing the Bronfman bid, Time Warner is
forsaking $250 million to $300 million in
cost savings it could have realized by
combining with EMI, home to such acts as The
Beatles and Radiohead. Warner Music artists
include Madonna, Led Zeppelin and R.E.M.
On the other hand, Time Warner is getting
more cash up front by selling the entire
business, which includes the music
publishing company, and will have an easier
path to regulatory approval. In the past,
European and U.S. regulators have frowned on
consolidation within the music business.
Bronfman's team, backed by some of America's
biggest private equity houses including
Thomas H. Lee Partners, is betting it can
slash costs and turn Warner Music around
ahead of a comeback in sales, a major
challenge in an industry currently in
decline.
Bronfman has had long ties to the music
business, first as a songwriter for the
likes of Dionne Warwick and Celine Dion, and
later as head of Seagram when he bought
entertainment group MCA from Japan's Matsus***a
for $5.7 billion. On his watch, the renamed
Universal Music bought Polygram, creating
the world's largest record company.
Bronfman merged his family's entertainment
empire with France's Vivendi three years
ago, only to see the family fortune
disintegrate. When Vivendi put its
entertainment assets on the block earlier
this year, Bronfman led a group to buy the
assets back but was ultimately outbid by
NBC.
Hit by rampant piracy and competition from
other entertainment such as video games,
music sales are expected to fall for the
fourth year in a row in 2004.
Earlier this month Sony Music (6758.T:
Quote, Profile, Research) agreed to merge
with Bertelsmann AG's (BERT.UL: Quote,
Profile, Research) BMG.
© Reuters 2003. All Rights Reserved.
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